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Current as of January 02, 2025 | Updated by Findlaw Staff
MARAD shall be responsible for providing or obtaining P&I insurance for all vessels assigned to Agents under an Agreement. At its election, MARAD may be a self-insurer of any one or more vessels covered by the Agreement, or may obtain P&I insurance coverage under one or more policies written by underwriters of marine insurance. MARAD shall determine the amount of coverage to be provided or obtained.
Cite this article: FindLaw.com - Code of Federal Regulations Title 46. Shipping § 46.326.2 Insurer - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-46-shipping/cfr-sect-46-326-2/
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